The Fort Worth Press - South Korea: Yoon Suk Yeol shocks Nation

USD -
AED 3.67299
AFN 70.172432
ALL 93.596763
AMD 394.619696
ANG 1.800333
AOA 912.389034
ARS 1020.504903
AUD 1.583343
AWG 1.8
AZN 1.685115
BAM 1.862259
BBD 2.016948
BDT 119.373851
BGN 1.86346
BHD 0.376888
BIF 2952.736413
BMD 1
BND 1.34945
BOB 6.903118
BRL 6.124589
BSD 0.998905
BTN 84.857227
BWP 13.647227
BYN 3.269126
BYR 19600
BZD 2.013521
CAD 1.43226
CDF 2869.999844
CHF 0.894196
CLF 0.035799
CLP 987.850205
CNY 7.285496
CNH 7.29459
COP 4345.53
CRC 502.832659
CUC 1
CUP 26.5
CVE 104.989788
CZK 23.948201
DJF 177.890978
DKK 7.109804
DOP 60.633183
DZD 133.789713
EGP 50.853098
ERN 15
ETB 126.863794
EUR 0.952985
FJD 2.30155
FKP 0.791982
GBP 0.786779
GEL 2.810221
GGP 0.791982
GHS 14.684402
GIP 0.791982
GMD 72.000197
GNF 8627.30536
GTQ 7.694212
GYD 208.997858
HKD 7.771025
HNL 25.353011
HRK 7.172906
HTG 130.59499
HUF 391.549531
IDR 16098.8
ILS 3.58219
IMP 0.791982
INR 84.91535
IQD 1308.665721
IRR 42087.499493
ISK 137.879732
JEP 0.791982
JMD 156.343728
JOD 0.709299
JPY 153.727495
KES 129.250464
KGS 87.000018
KHR 4014.205871
KMF 466.125023
KPW 899.999441
KRW 1437.110153
KWD 0.30762
KYD 0.832484
KZT 523.618636
LAK 21880.81715
LBP 89455.177339
LKR 290.849191
LRD 180.80457
LSL 18.059291
LTL 2.95274
LVL 0.60489
LYD 4.88836
MAD 9.991621
MDL 18.285431
MGA 4681.742442
MKD 58.591332
MMK 3247.960992
MNT 3397.99987
MOP 7.993868
MRU 39.711497
MUR 46.580087
MVR 15.429093
MWK 1732.15901
MXN 20.161797
MYR 4.469828
MZN 63.902594
NAD 18.059377
NGN 1552.298478
NIO 36.761625
NOK 11.220885
NPR 135.774339
NZD 1.745277
OMR 0.384994
PAB 0.998924
PEN 3.733087
PGK 4.045549
PHP 58.96202
PKR 277.905356
PLN 4.056295
PYG 7809.56915
QAR 3.642111
RON 4.7413
RSD 111.453014
RUB 103.126471
RWF 1391.478219
SAR 3.757345
SBD 8.383555
SCR 14.111426
SDG 601.505228
SEK 10.957875
SGD 1.351055
SHP 0.791982
SLE 22.802564
SLL 20969.503029
SOS 570.911688
SRD 35.205003
STD 20697.981008
SVC 8.740942
SYP 2512.530243
SZL 18.052845
THB 34.217968
TJS 10.913609
TMT 3.51
TND 3.170042
TOP 2.342102
TRY 35.013435
TTD 6.783244
TWD 32.508499
TZS 2363.744
UAH 41.829374
UGX 3636.346324
UYU 44.531406
UZS 12856.231492
VES 50.472462
VND 25455
VUV 118.722003
WST 2.762788
XAF 624.572245
XAG 0.032916
XAU 0.000378
XCD 2.70255
XDR 0.762009
XOF 624.572245
XPF 113.556078
YER 250.374951
ZAR 18.06204
ZMK 9001.196744
ZMW 27.695311
ZWL 321.999592
  • RBGPF

    62.4900

    62.49

    +100%

  • CMSC

    0.0000

    24.32

    0%

  • RYCEF

    0.0600

    7.43

    +0.81%

  • CMSD

    -0.0400

    23.93

    -0.17%

  • SCS

    -0.2600

    13.05

    -1.99%

  • GSK

    0.6500

    34.23

    +1.9%

  • RIO

    0.2000

    61.46

    +0.33%

  • BTI

    -0.3500

    37.29

    -0.94%

  • RELX

    0.0400

    47.02

    +0.09%

  • BCC

    -3.1400

    133.11

    -2.36%

  • JRI

    -0.3800

    12.62

    -3.01%

  • NGG

    0.6100

    59.4

    +1.03%

  • BCE

    -0.2800

    23.58

    -1.19%

  • AZN

    0.9500

    67.18

    +1.41%

  • BP

    0.1300

    29.08

    +0.45%

  • VOD

    0.0600

    8.63

    +0.7%


South Korea: Yoon Suk Yeol shocks Nation




South Korea in Crisis: President Yoon Suk Yeol's Coup Shakes the Nation

In a stunning and unprecedented move, South Korean President Yoon Suk Yeol has attempted to seize absolute power, plunging the nation into political chaos. On the night of December 3, President Yoon declared martial law, suspended the National Assembly, and deployed soldiers to surround its premises, effectively paralysing the country’s democratic institutions. The world is watching in shock as one of Asia’s most stable democracies faces an uncertain future.

The Coup: A Nation in Shock
The events unfolded rapidly on a cold December night, leaving South Koreans and the international community reeling. President Yoon cited national security threats and alleged internal dissent as justification for his actions, but critics are calling it a blatant power grab. By suspending the National Assembly—South Korea’s legislative body—Yoon has undermined the very foundation of the nation’s democratic system.

Eyewitnesses reported heavy military presence in the capital, Seoul, as soldiers and armoured vehicles took positions near government buildings. Communication networks were temporarily disrupted, adding to the confusion. The swift and calculated nature of the coup suggests months of planning, raising questions about who within the government and military may have supported the move.

Immediate Reactions: Outrage and Resistance
The coup has sparked widespread outrage among South Koreans. Protesters took to the streets in major cities, waving banners and chanting slogans calling for Yoon’s resignation. Opposition leaders condemned the move as a betrayal of the democratic values South Korea has upheld since its transition from military rule in the 1980s.

International leaders, including the US-President Joe Biden who is still in office until 20 January 2025 and Japanese Prime Minister Fumio Kishida, have expressed grave concern. The United Nations has called for an emergency session to address the situation, while human rights organisations warn of potential crackdowns on dissent.

What Led to This Crisis?
President Yoon’s tenure has been marked by polarising leadership and a growing divide between conservatives and progressives. Critics argue that his administration’s inability to address pressing economic challenges, such as rising housing costs and youth unemployment, eroded public trust. Yoon’s approval ratings had plummeted in recent months, and his administration faced mounting scrutiny over alleged corruption scandals.

While Yoon’s justification for the coup includes vague references to national security threats, experts believe the move was motivated by a desire to cling to power amidst growing opposition. Some speculate that internal disagreements within his party and the prospect of impeachment may have pushed Yoon to take drastic action.

The Role of the Military
The military’s involvement in the coup is particularly troubling for a country with a history of authoritarian rule. South Korea transitioned to a democracy in 1987 after decades of military dictatorship, and the armed forces have since remained apolitical. Yoon’s ability to mobilise the military raises questions about divisions within the armed forces and whether dissenting voices exist among its ranks.

Should significant portions of the military oppose Yoon’s actions, the possibility of a counter-coup or internal conflict could further destabilise the nation.

Implications for South Korea’s Future
The attempted coup casts a shadow over South Korea’s hard-earned reputation as a thriving democracy. Its political stability and economic strength have made it a key player in the global arena, but this crisis threatens to derail decades of progress.

Domestically, the suspension of democratic institutions could lead to widespread unrest, civil disobedience, and a protracted power struggle. Economically, investor confidence is likely to plummet, jeopardising South Korea’s status as a global technology and trade hub.

On the international stage, the coup could strain alliances, particularly with the United States, which has long regarded South Korea as a crucial ally in countering North Korea and maintaining regional stability. China and North Korea, meanwhile, may view the situation as an opportunity to exploit South Korea’s weakened state.

The Road Ahead: Democracy or Dictatorship?
The fate of South Korea now hinges on the response of its citizens, political leaders, and international allies. Opposition parties have called for immediate action to restore democracy, including mass protests and legal challenges. Meanwhile, world leaders face the delicate task of pressuring Yoon’s government while avoiding escalation.

The unfolding crisis serves as a stark reminder that even the most established democracies are not immune to authoritarian tendencies. For South Korea, the road ahead is fraught with uncertainty, but its people have shown resilience before. Whether the nation emerges from this crisis as a stronger democracy or succumbs to authoritarian rule will shape its future—and its place in the world—for generations to come.